PocketLaw | Michigan Compiled Laws | Uses and Trusts. (555.1...555.28)

Uses and Trusts. (555.1...555.28)

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Uses and Trusts; Extent of Abolition; Interests Deemed Legal.

Executed Use Confirmed as Legal Estate.

Right to Possession Deemed Legal Estate.

Right to Possession Deemed Legal Estate; Effect on Existing Active Trust.

Passive Trust; Disposition of Lands, Trustee Interest.

Constructive, Resulting or Express Trusts; Preceding Sections Effect.

Payment of Consideration for Conveyance to Another; Resulting Trust, Alienee Title.

Payment of Consideration for Conveyance to Another; Presumption as Fraudulent; Resulting Trust for Creditors of Payee.

Payment of Consideration for Conveyance to Another; Fraudulent Alienee Exemption.

Implied or Resulting Trust; Validity Against Bona Fide Purchaser.

Express Trust; Purpose of Creation.

Devise to Trustee Without Power to Receive Rents and Profits; Estate of Trustee; Effect on Trust.

Rents and Profits; Liability of Surplus to Claims of Creditors of Beneficiary.

Express Trust for Unauthorized Purpose; Estate of Trustee; Power in Trust.

Trust as Valid Power; Land Descent.

Express Trust; Beneficiary, Trustee Estates, Beneficiary Right.

Express Trust; Disposal of Land in Event of Failure or Termination of Trust.

Express Trust; Undisposed Estate or Interest.

Express Trust; Assignability of Interest of Beneficiary.

Express Trust; Omission From Conveyance; Validity as to Subsequent Creditor and Bona Fide Purchaser From Trustee.

Express Trust; Mention in Instrument; Invalidity of Certain Acts of Trustee.

Authorized Payment to Trustee; Protection of Payor.

Express Trust; Termination of Estate of Trustee.

Express Trust; Death of All Trustees; Execution of Trust.

Express Trust; Trustee Resignation.

Express Trust; Trustee Removal.

Express Trust; Appointment of New Trustee.

Conflicting Provisions.